Aviat Networks Inc expected to post earnings of 52 cents a share - Earnings Preview

Aviat Networks

19/10/2021 14:51

* Aviat Networks Inc  AVNW.OQ   AVNW.O  is expected to show a
rise in quarterly revenue when it reports results on November
3. 
* The Austin, Texas-based company is expected to report  a
4.2% increase in revenue to $69.1 million from $66.29 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Aviat Networks Inc is
for earnings of 52 cents per share. For the same quarter last
year, the company reported earnings of 62 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 8.7% in the last three months. ​
* Wall Street's median 12-month price target for Aviat Networks
Inc is $50.5​, about 39.6% above​ its last closing price
of $30.48. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.41        0.42       0.45      Beat    7.1
 Mar. 31 2021  0.27        0.28       0.49      Beat    78.2
 Dec. 31 2020  0.36        0.36       0.74      Beat    104.1​
 Sep. 30 2020  0.29        0.29       0.62      Beat    112
 Jun.          0.23​       0.14       0.38      Beat    177.8​
 30​ 2020​                                              
 Mar. 31 2020  0.12        0.13       0.20      Beat    56​
 Dec. 31 2019  0.04        0.07       -0.08     Missed  -225.9
 Sep. 30 2019  0.17        0.17       0.26      Beat    57.6
 This summary was machine generated October 19 at 13:50 GMT.  All
figures in US dollars unless otherwise stated